Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
Nara Bancorp and Center Financial Corp. will operate under the name BBCN Bank with a new corporate logo after the merger of the two companies is completed.
Bank of the West can outmaneuver larger competitors in serving more affluent clients, the bank's John Bahnken says.
Dearborn Bancorp Inc. in Michigan said Wednesday that the Nasdaq stock market had rejected its plan to cure a reporting deficiency and that its stock would be delisted on Tuesday.
Bank of the Carolinas Corp. in Mocksville, N.C., said that its chief financial officer, Eric E. Rhodes, has resigned from the company.
Waccamaw Bankshares Inc.'s stock was delisted from the Nasdaq after the company said it could not complete its delinquent financial statements.
BNC Bancorp in Thomasville, N.C., announced Wednesday that it would close four of the 10 branches it inherited last month when it acquired the failed Blue Ridge Savings Bank of Asheville, N.C.
Comerica Inc. in Dallas and Fifth Third Bancorp in Cincinnati named treasurers Tuesday.
Bank of America Corp. said Tuesday it has hired 280 new wealth-management advisers in Texas and Florida, doubling its overall number of advisers to more than 1,000 nationwide.
Minneapolis bank is adding person-to-person payments and support for quick response codes to its mobile apps.
First Midwest Bancorp Inc. in Itasca, Ill., has completed the sale of $115 million in senior notes and will use the proceeds to exit the Troubled Asset Relief Program.
Bridge Bancorp Inc. in Bridgehampton, N.Y., said late Monday that it will raise up to $10 million by selling common stock.
Unable to withstand the loss of such high-profile clients as Fannie Mae and Freddie Mac, Steven J. Baum P.C., New York's largest foreclosure law firm, is closing its doors.
Webster Financial Corp. in Waterbury, Conn., received court approval to settle longstanding litigation over a condominium project in Columbus, Ohio, that had previously resulted in an almost $19 million verdict.
First Northern Community Bancorp in Dixon, Calif., said Monday that it had exited the Troubled Asset Relief Program after repurchasing a stock warrant from the Treasury Department.
Shares of Anchor BanCorp Wisconsin Inc. have been removed from the Nasdaq exchange and are now trading over the counter.
Cathay General Bancorp in Los Angeles has added a former KPMG consultant to its board.
SunTrust Banks Inc. in Atlanta is freezing its pension plan at the end of the year in an effort to reduce its overall employee benefits costs.
Hampton Roads Bankshares Inc. in Norfolk, Va., has named a special assets executive, Denny P. Cobb, chief credit officer for one of its banking units.
Shareholders of Susquehanna Bancshares Inc. in Lititz, Pa., and Tower Bancorp Inc. in Harrisburg, Pa., have approved the companies' proposed merger.
Citigroup Inc. renewed a multiyear deal to continue issuing private-label credit cards for Sunoco Inc. customers, the companies said Thursday.
